Pinnacle Entertainment Offers Q1 Sales At High End Of Estimate Range

Pinnacle Entertainment, Inc (NASDAQ: PNK), an owner and operator of casinos and related hospitality and entertainment facilities, reported on Monday preliminary first-quarter results.

Pinnacle Entertainment said that it expects its first-quarter revenue to be in a range of $577 million to $583 million. Consolidated EBITDA is expected to be in a range of $168 million to $174 million and income from continuing operation is expected to be in a range of $36 million to $44 million.

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Wall Street analysts were expecting Pinnacle Entertainment to report revenue of $577.6 million in its first quarter.

Pinnacle Entertainment added that it expects to release its final 2016 first quarter results in May.